h

Loan Application

866-634-1270

h

Loan Application

866-634-1270

Wages continue higher, productivity falls fastest in 75 years, impact on real estate, inflation, and rates

Wages continue higher, productivity falls fastest in 75 years, impact on real estate, inflation, and rates

by | Jul 10, 2023 | 2023 real estate prediction, 2023 real estate predictions, Atlanta Hard Money, Atlanta Private Lending, Atlanta real estate trends, Colorado Hard Money, Colorado private lender, Denver Hard Money, Denver private Lending, Georgia hard money, interest rates, mortgage rates

US labor productivity tumbled by 7.5% in the first quarter of 2023 – the largest decline in worker output per hour since 1947, according to Labor Department data released Thursday.  What does declining productivity mean for interest rates, commercial and residential...